***Cere Network’s decentralized data technology ensures every transaction on the blockchain, no matter the volume and frequency, is secure. Businesses, traders, and developers can participate in an evolving ecosystem supported by an efficient network.***
The Cere Mainnet is a decentralized platform where the large majority of Validators and Nominators are community members. This collaboration creates a sustainable network that will always remain relevant and responsive to participants of the mainnet.
CERE token holders on Ethereum can bridge them to Cere Mainnet using the following steps:
Go to our partner HyperBridge
Select “Ethereum” as Source Network
Connect your MetaMask / EVM compatible wallet.
In “Destination”, select “Cere Mainnet” since you will be bridging from Ethereum to Cere Mainnet.
Enter the number of tokens you wish to send
Enter your Cere Compatible wallet address (Polkadot.js, Talisman, SubWallet or Nova Wallet are all compatible) (use your stash account). The new unified address standard starts with “13” but your regular Polkadot address (starting with a 5) or the Cere Wallet addres (starting with a 6) all work as well. More info .
Press “Bridge”
Wait until the transaction is confirmed. When sending tokens from Ethereum, this can take up to 25 minutes .
Congratulations! 🎉
You’ve successfully completed the CERE tokens transfer!
You can check your stash account Cere Mainnet balance in **Cere Explorer or Statescan . Or you can simple see your balance in your wallet using Talisman or SubWallet.**
Users can earn Staking rewards on their token purchase into the $CERE token by participating in the network as a Nominator!
Nominators Stake CERE tokens on one or multiple Validators, electing them to run nodes as part of the blockchain infrastructure. In return, Nominators receive a reward percentage from each Validator they elect. One account can be used to Nominate up to a total of 16 Validators.
Mutual Staking between Nominators and their elected Validators is balanced and maintained in the background using the Phragmén method, an automated system that calculates elections based on the amount of tokens Staked. Once Validators are elected, Nominators are then able to regularly check the reward percentage they receive for a given Validator (and claim them!).
To become a Nominator, there are 2 ways: